Sula Vineyards Limited — Important, 08-05-2025: General Updates

Sula Vineyards has announced a board meeting on 8 May 2025 approving the financial results for the quarter and half-year. Consolidated net profit fell to INR 70.20 Cr from INR 93.31 Cr last year, pressured by higher costs and slow revenue growth. Standalone net profit declined sharply to INR 33.40 Cr from INR 94.69 Cr. The board approved a final dividend of INR 3.60 per share, pending shareholder approval. The acquisition of ND Wines as a wholly-owned subsidiary broadens Sula’s brand portfolio and market reach.